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<Results> Beyond Meat, Inc. (BYND.US) 2Q Revenue Forecast Misses; Shares Fall 14% After Hours
Plant-based meat producer Beyond Meat, Inc. (BYND.US) reported a 15.3% decline in 1Q revenue to USD58.2 million, compared with market expectations of USD58.1 million. Losses narrow...
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<Results> Beyond Meat, Inc. (BYND.US) 2Q Revenue Forecast Misses; Shares Fall 14% After Hours
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Plant-based meat producer Beyond Meat, Inc. (BYND.US)      reported a 15.3% decline in 1Q revenue to USD58.2 million, compared with market expectations of USD58.1 million. Losses narrowed to USD28.5 million. The company expects 2Q revenue to range between USD60 million and USD65 million, below analysts expectations of about USD67 million, citing continued weak demand for plant-based products.

Following the earnings release, shares of Beyond Meat, Inc. plunged 13.93% to USD0.9 in after-hours trading. (mn/w)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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